The 11th National Finance Commission (NFC) held its inaugural meeting in Islamabad, deciding to form working groups to advance financial matters. Finance Minister Mohammad Aurangzeb chaired the session, attended by provincial chief ministers and finance ministers of Sindh, KP, Punjab, and Balochistan. Both federal and provincial governments presented briefings on their financial positions, highlighting transparency […]
National Fiscal Pact
PM forms high-level committee to push fiscal pact and tackle provincial debt disputes
Prime Minister Shehbaz Sharif has established a high-powered political committee to oversee the implementation of the National Fiscal Pact, address rising debt concerns, and fast-track critical infrastructure development. The move comes amid pressure from the International Monetary Fund (IMF) and rising tensions between federal and provincial governments over fiscal responsibilities. The eight-member committee will be […]